Report: WhatsApp is testing P2P payments in India, beta rolling out this quarter

Following murmurs from last April about WhatsApp gearing up to allow payments in India, FactorDaily reports that Facebook employees in the country are presently testing the new functionality in the messaging app, and that the company plans to begin testing it with about 1 percent of its user base there within the first quarter of this year. That means that the Facebook-owned service will soon go up against numerous major players in India’s crowded mobile payments space. Built on the country’s Unified Payments Interface (UPI), which allows for instant money transfers between bank accounts at no charge, it’ll have to…
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